PETALING JAYA: Berjaya Corp Bhd (BCorp) will be undergoing a reorganisation into five main business sectors as it morphs into a consumer group from its existing conglomerate status. Jalil said the strategic plan is a combination of improving and restructuring certain things and establishing some from scratch. BCorp will also put a dividend policy in place on all the companies under it. Once BCorp addresses its debt level, it will then put in a dividend policy at the group level. According to Jalil, Covid-19 has made BCorp rethink the sort of businesses it wanted to be in the future.
Source: The Star June 15, 2021 23:17 UTC